Page 1 of 10 School of Management — BUSM4551 CID/Innovation Management Assessment 1: Argumentative Essay Assessment type: Essay Word limit: 1,500 (+/- 10%) Word count excludes the cover page and...

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School of Management

BUSM4551 CID/Innovation Management
Assessment 1: Argumentative Essay

Assessment type: Essay
Word limit: 1,500 (+/- 10%)
Word count excludes the cover
page and reference list.
Due Date: Friday of Week 5 on or before 23:59
(Singapore time)

Weighting: 30%
Rationale
As students undertaking undergraduate study in an Australian University, you are expected to
develop your critical thinking skills. This requires you to go beyond just describing and summarizing
phenomena or criticizing phenomena to find their faults. Critical thinking involves higher level
thinking and reasoning skills to independently 'analyse (break things down), evaluate (make
judgements based on evidence) and synthesize or create (put parts together into a coherent whole)'
(RMIT University n.d). Critical thinking involves doing independent research, reading critically
(questioning what you read with an open mind), analysing and evaluating your findings, developing
your arguments based on solid evidence and synthesizing your arguments, and presenting them
appropriately.
These skills will help you to become good researchers, independent thinkers and challenge
established ideas and perspectives.
Reference:
RMIT University n.d., What is critical thinking? RMIT University, viewed 1 February 2020,
https://emedia.rmit.edu.au/learninglab/content/what-critical-thinking
Learning outcomes
Course Learning Outcomes related to this assessment are:
CLO1 Explain the relationship between creativity, innovation and entrepreneurship and how it impacts business growth, sustainability and wealth creation
CLO2 Investigate factors that inhibit creativity in individuals and innovation within teams and organisations, and recommend strategies and tactics to encourage entrepreneurial behaviour
https://emedia.rmit.edu.au/learninglab/content/what-critical-thinking

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CLO3 Identify and critique organisational models of innovation management
The Program Learning Outcomes related to this assessment are:
PLO2
Integrate business knowledge, social intelligence and ethical decision-making in ways that are
inclusive and culturally appropriate to produce outcomes that are impactful, sustainable and
fair.
PLO5 Coherently articulate technical and conceptual business knowledge that is both contemporary and interdisciplinary.
Overview
The purpose of this assessment is to provide you with an opportunity to apply your critical thinking
skills. This requires you to write an argumentative essay in the context of innovation management.
Your essay is written from the perspective of a university student who is studying the management
of innovation. In the essay, you will apply critical thinking skills to argue a specific point of view
regarding the practice of innovation.
Assessment details
You will learn from this 12-module course that the management of innovation within the corporate
context (medium to large enterprises) is a multi-faceted endeavour that occurs at all levels within the
organisation. Demonstration of that learning will require you to apply critical thinking as you argue to
show understanding of the many, often competing, viewpoints. One such viewpoint is that innovation
is complex, uncertain, and almost impossible to manage.
Your task is to write an argumentative essay in which you critically argue in favour of, or against, the
above (underlined) viewpoint. This assessment requires that you focus your arguments on the
challenges (and remedies?) associated with the various sub-sets of managing innovation.
To be clear, arguments must be balanced across all four modules, which is reflected in the marking
rubric. Select specific concepts, models, theories, frameworks, or tools that you found particularly
useful to support those arguments. Critical thinking requires you to make arguments rather than
describe materials covered in this course. In those arguments, draw on specific examples of your
learnings from each of the first four Modules of this course. As you argue, apply relevant specialist
terminology and demonstrate relevance to contemporary creativity and innovation practices. Where
possible and appropriate, support your arguments with real-world industry examples.
Important requirements:
• Your chosen examples (concepts, models, theories, frameworks, or tools) must originate
from the materials presented in the first four modules in this course. Do not include
examples from elsewhere.
• There is no upper limit to the number of examples you may wish to select from each module.
• You should include at least two examples of theories and two examples of tools among your
examples across the four modules.
• Please be guided by the marking rubric when writing your essay. The four Canvas modules
that you must cover each carries a heavy weighting (20%) in the assessment criteria.
https://emedia.rmit.edu.au/learninglab/content/critical-thinking
https://emedia.rmit.edu.au/learninglab/content/critical-thinking

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Assessment criteria (100 marks equate to 30% of overall course assessment)
This assessment will measure your ability to:
• Introduce the context, background, scope and purpose of your essay (7 marks)
• Critically argue the factors related to Module 1 (20 marks)
• Critically argue the factors related to Module 2 (20 marks)
• Critically argue the factors related to Module 3 (20 marks)
• Critically argue the factors related to Module 4 (20 marks)
• Synthesise and conclude your arguments and relate it back to the broader knowledge of the
innovation management field (7 marks)
• Cite appropriate resources using the Harvard /RMIT Harvard style (3 marks)
• Present your arguments professionally (3 marks)
Structure of the argumentative academic essay
Your argumentative academic essay must include the following components:
Cover page (compulsory)
Please include the following detail on your cover page: Your full name and student number; Course
title, Tutor name; Assignment 1: Argumentative essay; Tutorial #; Word count.
1. Introduction: must include
• A general statement to provide context and background information.
• A purpose statement that outlines the scope and structure of the essay.
• A statement (argument) that identifies the topic and your position.
2. Argument: Your argumentative academic essay can include any number of paragraphs. Give
each set of paragraphs that portray a specific topic a descriptive sub-heading and make it clear
which sections relate to which course modules.
Each paragraph should:
• describe one main idea only, supported by information and evidence from your research
• follow the TEEL strategy to ensure all elements of a good paragraph are included
• relate back to the argument you posed in your introduction
In the paragraphs, you must include in-text citations of all scholarly work (i.e., journals,
academic textbooks, e-books, etc.) and of non-scholarly work (i.e., company websites,
newspaper articles, company videos, etc.) used. Non-scholarly work must be cited when real-
world corporate examples are used to support your arguments.
3. Conclusion:
Your conclusion should:
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• restate your position (for completeness’ sake)
• summarise how the most important evidence supports this
• show how your position is related to the broader body of knowledge of this field/topic
4. References: List all scholarly and non-scholarly work you have cited in the body of the essay in
a Reference List.
• The reference list is not included in the word count.
• References should be in RMIT Harvard style (or Harvard style if using Endnote).
• The list should be in alphabetical order by family name.
• The list should not be listed by numbers or bullet points.
• A minimum of 5 references must be from scholarly work, the remainder can be non-scholarly
work where real-world corporate examples are used.
Referencing guidelines
Use RMIT Harvard referencing style for this assessment.
You must acknowledge all the courses of information you have used in your assessments.
Refer to the RMIT Easy Cite referencing tool to see examples and tips on how to reference in the
appropriated style. You can also refer to the library referencing page for more tools such as
EndNote, referencing tutorials and referencing guides for printing.
Feedback mode: Feedback will be provided using Canvas/Turnitin's inline marking tool, a Rubric
and general comments.
Format: Professionally presented using Ariel or Calibri 12-point font, justified. Cover page must
include the word count.
Additional resources | Please refer to the following links for further information on:
Critical thinking:-
• What is critical thinking? by RMIT’s Learning Lab

What is an argumentative academic essay?
An argumentative academic essay is a piece of writing that examines and interprets a given 'claim'
or 'statement' and defends or refutes it with the use of theoretical and practical evidence.
In such an essay, you are essentially building up and presenting your own argument(s) on the
statement while using scholarly (i.e., journal articles, textbooks, theories, etc.) and practical
evidence (e.g., corporate stories, news items relating to companies, etc.) to support your arguments.
Hence, you are not simply describing or summarizing what others have said about a given
statement but introducing and developing your own arguments on it. Your arguments must be
backed by evidence if they are to be valid.
In summary, in writing an argumentative academic essay, you are using your critical thinking skills.
• How to Write a Good Argumentative Essay: Easy Step-by-Step Guide by MasterClass
https://www.lib.rmit.edu.au/easy-cite/
https://www.rmit.edu.au/library/study/referencing/referencing-guides-for-printing
https://www.lib.rmit.edu.au/easy-cite/
https://emedia.rmit.edu.au/learninglab/content/what-critical-thinking
https://emedia.rmit.edu.au/learninglab/content/structure-0
https://emedia.rmit.edu.au/learninglab/content/argument-analysis
https://www.masterclass.com/articles/how-to-write-a-good-argumentative-essay#what-is-an-argumentative-essay

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• Argument by The Writing Center
Submission
Back up all copies of drafts and your final assignment on a separate device (USB or similar) in
case it is required as evidence. Computer failure is not allowable grounds for an Extension or
Special Consideration.
Use Word documents in the .doc or .docx formats only. The assessment will be submitted in
Canvas as a file upload. Assignments submitted in pdf format will not be graded.
Turnitin
Assignments and other assessments must be submitted through the CANVAS assessment
submission system (Turnitin). Submitted assignments that do not have a similarity score will not be
graded.
Do NOT look at similar assignments that have been uploaded onto Internet sites by RMIT students
or students studying at other universities. If you do so you will be tempted to paraphrase their work,
which is not permitted and will lead to a failure mark. You are only allowed to paraphrase
information obtained from legitimate sources.
Do NOT attempt to obtain a similarity score by first submitting it to TurnItIn via another course as
this will result in you achieving a very high similarity score when you eventually submit your
assignment for this course. A 10% penalty will
Answered 39 days AfterJul 29, 2022RMIT University

Answer To: Page 1 of 10 School of Management — BUSM4551 CID/Innovation Management Assessment 1: Argumentative...

Deblina answered on Aug 12 2022
16 Votes
2
INNOVATION MANAGEMENT
Table of Contents
Introduction    3
Relationship Between Creativity, Innovation & Entrepreneurship    3
Impact on Business Growth    4
Impact on Sustainability    4
Impact on Wealth Creation    5
Factors that Inhibit Creativity in Individuals and Innovation Within Teams and Organisations5
Strategies and Tactics to Encourage Entrepreneurial Behaviour    6
Conclusion    6
References    8
Introduction
Innovation has become one of the main driving forces in the development process. Innovation and entrepreneurial activities have been significantly co
elated with the important dynamics of the long-term growth of the organization. Entrepreneurial capacities take the initiative to ca
y out innovative management in the organization and
ing out a new significant dimension in the model. This particular essay shall focus on explaining the relationship between creativity, innovation, and entrepreneurship and how these elements impact business growth sustainability and the creation of wealth. It is also effective to investigate the factors that are responsible for inhibiting creativity within the organization and recommend effective strategies to encourage entrepreneurial behaviour in the organization. This shall also focus on criticizing organizations or models of innovation management and focus on integrating business knowledge with social intelligence and ethical decision-making.
Relationship Between Creativity, Innovation & Entrepreneurship
The inherent ideas that drive the business environment are the elements that influence the entire structure of the business scenario. It is effective to consider the significant relationship between creativity, innovation, and entrepreneurship. Creativity denotes the aspect of developing new ideas and inherently finding out new means for looking out problems and opportunities. Consequently, innovation is the capacity to develop new ideas and create solutions to address those problems and opportunities in order to enhance the business outcome or in which the organization (Barnard et al., 2018).
On the other extreme entrepreneurship is a disciplined and systematic process that focuses on the application of creativity and innovation that needs to address the opportunities in the modern business scenario and the marketplace. It is often contemplated that innovation is the particular element that is effectively used up by the entrepreneurs who focus on exploiting the changes as opportunities for building up different businesses or different services. Entrepreneurs develop innovative ideas with the combination of the factors of production and then present them in the market for assessment by the target market.
Management has theorized the aspect that a successful business shall effectively employ they are own strategy that has been achieved through competitive advantage and has been enhanced through the acts of innovation. Innovation is supported by the basic components of entrepreneurial capacity, infrastructure, and capital. Thereby it is important to address this analysis which determines the role of the entrepreneur in affecting the functions of the factors in the entire process. Theoretically speaking innovation and entrepreneurship are strictly related to each other and direct the business towards prosperity. Significantly entrepreneurship and innovation are not confined in the initial stages but also relate as a venture progresses. These two elements along with creativity are vital that determine the corporate success and sustainability development. In addition, creativity enhances the recognition of those ideas that present new ways in a different perspective such that it is able to generate new possibilities and new alternatives. This relates to the capacity for generating alternatives and is linked with the development of new ideas for generating new solutions to the dynamic problems in the business world. Moreover, these elements significantly contribute to the value proposition by creating change and adding value to the existing products or services within the organization.
Impact on Business Growth
Innovation and...
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